Tag Archives: inflation

In the long run developments in the financial markets and around the world seem to conspire to whip up a perfect storm for the gold price, taking it up towards $2,000 and further. That new upleg, however, could very well start from a much lower level than now. There are quite a few developments that could easily send the gold price lower in the coming months. Is $1,200 in the cards? Words: 774

In spite of the spending cuts secured in last week's last-minute budget deal... we are headed for a 50-square-mile iceberg and have just turned the wheel an inch - probably less... [After all,] the $38 billion in cuts represent less than the $54 billion in new debt the U.S. racked up in just the previous week, less than 3% of this year's projected deficit and less than 1% of what the government has projected to spend in 2011... [In fact, such inadequate action has done nothing more than] reinforce expectations that the U.S. is headed for self-inflicted disaster. [Let me explain.] Words: 1066

The U.S. dollar is essentially at an all-time low against other currencies on both a real and nominal basis [and such a] weak dollar is a serious problem, but there is no reason yet to abandon all hope... [Let me explain.] Words: 1064

[Whatever you] call it - a bubble, a frenzy or a mania - there seems to be a large number of voices in the marketplace who just are not fans of gold, whether prices are moving up, down or sideways [but] the reality is that gold doesn’t possess the traits necessary for a financial bubble to form. [In fact, the current worldwide economic and fiscal environment suggests that gold will go MUCH higher. Let me explain.] Words: 2368

In our estimation, the most likely time frame for a full-fledged outbreak of hyperinflation in America is between the years 2013 and 2015 [based on 12 warning signs that are on the horizon.] Americans who wait until 2013 to prepare, will most likely see the majority of their purchasing power wiped out. It is essential that all Americans begin preparing for hyperinflation immediately. Words: 2065

I wrote a piece recently called "Could America be Pushed over the Economic Edge?" about how Libya, Japan or even covert economic warfare from America’s enemies could push the U.S. into another financial meltdown. I received a one sentence email from my friend Jim Sinclair that said, “We are way over the edge right now.” His message gave me a sinking feeling. [Let me explain.] Words: 923

[There is a considerable difference between the official BLS inflation rate (1.63%) and the ShadowStats' alternative method of calculating consumer prices (9.07%) but] I believe that the optimum method is probably somewhere between the two. [Let me explain.] Words: 390

What event could trigger an unstoppable domino affect leading to a financial meltdown? You may think [that such a possibility is extremly unlikely] but daily we move closer to the real possibility that a major fiat currency such as the US Dollar or the Euro could collapse in the blink of an eye. [Let’s take a look at why and how such …

Official figures released recently by the World Gold Council have confirmed that the annual demand for gold in 2010 rose by 9%, a ten year high, suggesting that the current price is not only sustainable but likely to increase further. Indeed, if you want to protect what you have and want to be sure that you are left with something for your future survival then get into gold now. It is the inflation proof investment that is like fire insurance for your personal wealth. Exactly like fire insurance, do you think you should buy it before or after the event? Words: 702

If the U.S. dollar is being devalued so rapidly, then why does it sometimes increase in value against other global currencies? It is because there are times when one particular global currency will fall faster than the others but the reality is that they are all being rapidly devalued. As the 6 charts below illustrate, the UK, the EU, Japan, China and India, as well as the U.S., have all been printing money like there is no tomorrow. Unfortunately, this is a recipe for a global economic nightmare. Words: 1102